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Buy Adani Ports, Glenmark, Godrej Consumer; sell Dish TV: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports, Glenmark Pharma and Godrej Consumer Products and can sell Dish TV.

July 13, 2017 / 12:00 PM IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Adani Ports has been on a roll, it comes and gives us minor corrections and then rallies. It is a long idea. Glenmark Pharma is part of that pharma group which is showing signs of at least a short-term low coming in place. So pharma itself is pretty speculative but then short-term traders are playing on the margin anyway. So Glenmark is a buy. Godrej Consumer Products has come in my list many times, it keeps on coming. Fast moving consumer goods (FMCG) itself is outperforming and that outperformance should continue everywhere. So it is just a preferred buy for the day."

"HCL Technologies is in anticipation that nothing bad will come out of the results season. So, if it doesn't then HCL Tech is probably an outperformer," he added.

"One short sell, Dish TV, for years it has done nothing. It goes through resistance, comes back to support, it is a point at which it can come lower. So it is a short sell," he said.

"Vedanta had a narrow range yesterday, it is doing well in the morning and probably some kind of a thrust upside could be possible."
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